Q1 2024 Solar A/S Earnings Call Transcript
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Good morning, everyone. A very warm welcome to this first-quarter webcast for the Solar. Together with me here in Vejen, I have my colleague, CFO, Michael Jeppensen.
The agenda for today is a general business update with some highlights from Q1 '24 presented by me. Then, I will give you a short introduction how we want to work even closer with our customers with solution, selling one of the cornerstones in our new three-year strategy called Solve. Michael will then present our first-Q results, including a high-level cash flow status. And then, finally and hopefully, we will have a Q&A session.
Highlights. As expected, all segments showed negative growth in Q1 '24. Revenue declined from DKK3 billion, down from DKK3.7 billion at the same time last year. Adjusted organic growth amounted to minus 15.4%, which with March, performed slightly better than January and February. Especially, revenue from climate and energy, one of our
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